PRSG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Net cash per share is calculated as Cash and Cash Equivalents minus Total Liabilities and then divided by Shares Outstanding. Primus Guaranty Ltd's net cash per share for the quarter that ended in Dec. 2011 was $-18.49.
In the calculation of a companys net cash, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative net cash. But sometimes a companys price may be lower than its net-cash.
Primus Guaranty Ltd's Net Cash Per Share for the fiscal year that ended in Dec. 2011 is calculated as
|Net Cash Per Share (A: Dec. 2011 )||=||(Cash and Cash Equivalents||-||Total Liabilities)||/||Shares Outstanding|
Primus Guaranty Ltd's Net Cash Per Share for the quarter that ended in Dec. 2011 is calculated as
|Net Cash Per Share (Q: Dec. 2011 )||=||(Cash and Cash Equivalents||-||Total Liabilities)||/||Shares Outstanding|
Ben Graham invested in situations where the companys stock price was lower than its net-cash. He assigned some value to the companys other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Primus Guaranty Ltd Annual Data
Primus Guaranty Ltd Semi-Annual Data
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.